CATL Is Said Poised to Pick Banks for $5 Billion HK Share Sale

Jan. 13, 2025, 4:34 AM UTC

Contemporary Amperex Technology Co. Ltd. is poised to hire Bank of America Corp., China International Capital Corp., CSC Financial Co. and JPMorgan Chase & Co. as lead arrangers for a second listing in Hong Kong this year, according to people familiar with the matter.

Other banks are likely to be added for what could be one of the largest offerings in Hong Kong in recent years, the people said, asking not to be identified because the deliberations are private.

CATL, as the world’s top electric-vehicle battery maker is known, has been considering a second listing in Hong Kong ...

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